Well, I am sure if you had a cool $100 Million USD or about 10000 BTC, you could probably move this market in a direction more to your liking. A friendship with either Barry of DCG or one of the CEOs of Bitfinex would probably be most helpful as well.

I know offtopic posts are frowned upon here, and some topics are more off than other, but I'll risk it.

Have you heard about cryptocurrencies? Well there's this nifty thing called bitcoin, it's my favorite.It's holding 10.5 k-ish.

What is that supposed to mean? You are bullish and hoping, or what?

Let me ask you a semi-personal question which is a kind of after-the-fact assessment regarding how you faired through our dip down to $6k? Are you of the opinion that you largely ran out of money to buy BTC between $6k and $8k, even though you were able to buy some BTC in those price ranges? Were you able to adjust some of your strategy in order to possibly better prepare in the future, or are you largely hoping that we are out of this downward price pickle?

Let me report my own personal scenario from the mid-September 2017 40% correction down from $4,980 to $2,970 - which was that after going through that situation, I had to readjust a considerable amount of my preparations, which actually caused me to oversell a bit from our BTC rebounding back up from $2,970, and really I did not feel that I completely recuperated until we started to break upwards back into new ATHs.. and then the icing on the cake restructuring came for me around 2x higher in the $10k arena and further more when we passed $15k which allowed a fuckload of restructuring and even added cockiness....

So, I am anticipating that even though you are making recovery plans from the unexpected over correction of 70% down to $5,920 that you are going to be in a much better position to really restructure your plan as BTC gets back up and maybe even becoming more solid in your approach as we assume the ATH again (assuming that we accomplish such either this year or a worse bull case scenario would be that it takes longer than a year to get above ATH again).... yeah, yeah, yeah, Beara readers, I understand also that there are also bear scenarios that could cause worse outcomes, even though I believe that a lot of us in this thread, including yours truly put a bit more weight on the probability of bull scenarios in the coming year rather than bear scenarios.. and that is part of the reason that we are in bitcoin and part of the reason why we get so freaking excited about bitcoin.

There's a lot of layers here. As just one example, how much channel state is exposed to outsiders to allow such to police random actors. But I'll reserved detailed discussion until after I land.

It's a complete fraud for mainstream adoption.

First people say everyone needs to run a bitcoin node because that will make it decentralized even though mining is designed to completely centralize, now your 80yr old grandmother is supposed to not only figure out how to use the vastly more complicated LN and have 2000 channels open at once to the dentist, grocery store, and random cat food dispensery she visits sometimes out of town, but she also needs to divide her entire bank account split into 2000 different piles, lock them into those separate channels that can't be combined to spend at once, then hire a 3rd party to watch the channels for her HAHA.

This shit is a complete scam for mainstream adoption UNLESS you turn it into a hub and spoke replica of the banking system that already exists where there's only a few large bank nodes and ALL transactions are routed through them. In other words, the cashless society control grid the bankers always wanted.

This is why I do not trust a single fucking idiot in the entire bitcoin space. There is no way in hell the developers or people who work on LN don't know this. It's unworkable any other way.

Well, I am sure if you had a cool $100 Million USD or about 10000 BTC, you could probably move this market in a direction more to your liking. A friendship with either Barry of DCG or one of the CEOs of Bitfinex would probably be most helpful as well.

A purely "peer-to-peer" version of "electronic cash" allowing "online payments" to be sent "directly from one party to another" without going through a financial institution.

that's it!!!

make of it what you will

its all up to you

GET the fuck out of here with your Bcash shill phraseological attempt at trying to confine bitcoin to some kind of definition.

Define "shill."

For the purposes of this useage, I am using dictionary definition.. and nothing special.. and if that basic understanding of the word does not work, then we can figure it out whether the word "shill" needs further tweaking or explanation thereafter.

A purely "peer-to-peer" version of "electronic cash" allowing "online payments" to be sent "directly from one party to another" without going through a financial institution.

that's it!!!

make of it what you will

its all up to you

GET the fuck out of here with your Bcash shill phraseological attempt at trying to confine bitcoin to some kind of definition.

Define "shill."

For the purposes of this useage, I am using dictionary definition.. and nothing special.. and if that basic understanding of the word does not work, then we can figure it out whether the word "shill" needs further tweaking or explanation thereafter.

2. The rest of the garden variety Nazi fucks turn their knobs down to say... I dunno 7? Or 8?

Too late for that now. The only direction this knob turns is upwards to 11. The Jews had their chance to walk away and let someone like Ron Paul win and peacefully dismantle their evil cult's media and banking monopoly, but instead they chose to try and push those monopolies even further into full blown white genocide in Europe with rapefugee invasions and world govt enslavement.

Now it is strictly a fight for survival with no backing down against their evil cult. Being called a nazi by pathetic cuckolds while fighting against the evil jews is a badge of honor.

Is that Petro cash bad news for crypto overall in that it places an unfavoured regime in the space and its cash flows in and out of Bitcoin probably. I mean with regard to oppressive regulation or maybe its even a positive in putting an OPEC sized economy into the crypto economy generally. [Im not expecting Petro to be a proper/fair crypto standard but still it'll be exchanged] I would equate that to Japan endorsing Bitcoin, they also have a failing currency though its incredibly under reported theres no doubt they have debt troubles beyond solution. Of course Japan is a friend to the 'west' so no problem I guess

Quote

OPEC member Venezuela boasts the largest proven reserves of crude oil in the world, but has struggled against the plunge in oil prices which began in 2014.

The WTI benchmark currently sits at $58.36 per barrel, while Brent is faring marginally better at $63.73. Venezuela's sour crude basket price currently sits at $50.15, an unsustainable level given the country's dismal economic outlook and overreliance on US refineries to process its oil.

This shit is a complete scam for mainstream adoption UNLESS you turn it into a hub and spoke replica of the banking system that already exists where there's only a few large bank nodes and ALL transactions are routed through them. In other words, the cashless society control grid the bankers always wanted.

So doesnt this mean its primarily for business to business usage between themselves. Does it remain a negative if its just one option in a variety of possible routes or do you see it taking over and diverting Bitcoin from its original course. I just expect LN to be parallel (adding bandwidth) to the current situation or have I read it wrong.

I see BTC relatively bullish, target top would be 13024 or so, I really expect it to gather more strength but just below is 10000 which could be a source of strength and makes the price not especially risky right now?